International Council of Shopping Centers/Goldman Store Sales Fall Sharply

Store sales fell back sharply in the September 13 week, down a same-store 2.6 percent from the prior week for a year-on-year rate of plus 3.0 percent vs 4.0 percent in the prior week. But the declines appear to be isolated to the latest week, based on the text of the report which calls the results healthy. The report sees the year-on-year rate for September as a whole coming in at a steady plus 4 to 5 percent.